1 Montgomery Street, Moonee Ponds VIC 3039

A vibrant location in the very heart of Moonee Ponds with instant access to cafes and transport options sets the scene for this unique seven-unit block offering outstanding investment rewards and value-adding potential. Solid brick throughout, the building itself occupies a large corner block (approx 941sqm with General Residential Zoning) complete with full-length side ROW. Units 2 through 7 each offer a 1BR or 2BR floorplan along with bathroom, kitchen and lounge/meals area, laundry facilities and undercover parking space (via Newton Parade). Unit 1 presents an extra-spacious design comprising two bedrooms and updated bathroom, lounge/dining area through to the contemporary-style kitchen/meals, plus split-system a/c, large laundry and its own lock-up garage. Potential rental return is estimated at approx $104K per annum. Stroll to Mt Alexander Road/Pascoe Vale Road trams, fine restaurants, Puckle Street's renowned shopping precinct, Queens Park and Moonee Ponds Station. First time offered since new - what an incredible opportunity!